Travel
How airlines price their fares
Dynamic Pricing in the Airline Industry
A layman's definition of "dynamic pricing"
Dynamic pricing
— otherwise known as revenue management, progressive pricing or the computerized art of changing a ticket price over time based on actual supply and demand
Delta right now has an airfare sale from Atlanta to Aruba ending April 30, 2013
$430.40 > 45 days (sale pricing)
$376.40 < 45 days prior (sale pricing)
$460.40 sale period black out dates for Easter
$422.40 off season June non-sale pricing
This past July, for tickets purchased approximately 37 days in advance, our fares were $453.40.
IF I used the theory to wait until < 45 days prior to departure, for a flight this coming June, 5 months out, I would pay MORE for tickets than our flights last July. But, if I wanted to fly during President's week in February, much less than 45 days out, the Delta fare is presently $1053.80. Air Tran who is running the same sale as Delta is presently $739.40 for the same dates.
I have said before and will say it again, buy your tickets when you are comfortable with the price, and do not look back. That is unless you fly Jet Blue and then you will be at your computer at least once a day checking to see if the "dynamic pricing" has brought the fare down.
- Winter Air Travel From Jfk & Newark To Aruba
January through June, United has fares out of Newark for $488 available for some Tuesday - Tuesday 8 day or Tuesday - Wednesday 9 day itineraries. Fares jack up in July. If you are looking to travel next summer, if there is not a fare sale between now...
- When Is The Best Time To Buy Airfare?
Researchers in the Department of Economics at Texas A&M University studied a historical archive of airline ticket purchases and found the best deals are on the weekend.Newswise— While folk wisdom has its place, the “folks” may not be so wise...
- When To Purchase International Airfare To Aruba
When to Buy- For the cheapest international airfare, purchase your airline tickets between five months and between six weeks/one month before departure. Also, try to buy international airfare when an airline has an sale, but since these are not regular...
- Delta Air Fares To Aruba
C - O -M - P - E - T - T -I - O - N Is the name of the game in air fares. For example, Delta's fares during the week, when there is no competition to Aruba, are astronomical. If you fly on a day of the week during which Delta has competition from...
- Is There A Best Day Of The Week To Book Airfare?
Is there a best day of the week to book airfare? By Jessica Labrencis, SmarterTravel.com "There's a bit of an urban legend that certain times of the day are better than others for booking airfare. This doesn't hold up to scrutiny, but there are...
Travel
Why Do Airfares Fluctuate So Drastically?
How airlines price their fares
Dynamic Pricing in the Airline Industry
A layman's definition of "dynamic pricing"
Dynamic pricing
— otherwise known as revenue management, progressive pricing or the computerized art of changing a ticket price over time based on actual supply and demand
Delta right now has an airfare sale from Atlanta to Aruba ending April 30, 2013
$430.40 > 45 days (sale pricing)
$376.40 < 45 days prior (sale pricing)
$460.40 sale period black out dates for Easter
$422.40 off season June non-sale pricing
This past July, for tickets purchased approximately 37 days in advance, our fares were $453.40.
IF I used the theory to wait until < 45 days prior to departure, for a flight this coming June, 5 months out, I would pay MORE for tickets than our flights last July. But, if I wanted to fly during President's week in February, much less than 45 days out, the Delta fare is presently $1053.80. Air Tran who is running the same sale as Delta is presently $739.40 for the same dates.
I have said before and will say it again, buy your tickets when you are comfortable with the price, and do not look back. That is unless you fly Jet Blue and then you will be at your computer at least once a day checking to see if the "dynamic pricing" has brought the fare down.
- Winter Air Travel From Jfk & Newark To Aruba
January through June, United has fares out of Newark for $488 available for some Tuesday - Tuesday 8 day or Tuesday - Wednesday 9 day itineraries. Fares jack up in July. If you are looking to travel next summer, if there is not a fare sale between now...
- When Is The Best Time To Buy Airfare?
Researchers in the Department of Economics at Texas A&M University studied a historical archive of airline ticket purchases and found the best deals are on the weekend.Newswise— While folk wisdom has its place, the “folks” may not be so wise...
- When To Purchase International Airfare To Aruba
When to Buy- For the cheapest international airfare, purchase your airline tickets between five months and between six weeks/one month before departure. Also, try to buy international airfare when an airline has an sale, but since these are not regular...
- Delta Air Fares To Aruba
C - O -M - P - E - T - T -I - O - N Is the name of the game in air fares. For example, Delta's fares during the week, when there is no competition to Aruba, are astronomical. If you fly on a day of the week during which Delta has competition from...
- Is There A Best Day Of The Week To Book Airfare?
Is there a best day of the week to book airfare? By Jessica Labrencis, SmarterTravel.com "There's a bit of an urban legend that certain times of the day are better than others for booking airfare. This doesn't hold up to scrutiny, but there are...